Cut the TMG BS Spinner!One, the company has yet to make a profit,
they lost almost half a million bucks in Q1 2008.
Two , the only reason they got a line of credit is because the
bank couldn't lose, the Export Development Corporation,EDC,
would cover the bank if TMG defaults.
TMG could sell lead filled Tickle Me Elmos,
the bank couldn't care less.
Why wouldn't the bank offer the money, the loan is guaranteed.
Ask Jim 90 about CHMC . In Canada, you get a mortgage
the banks are covered on defaults,
just like any backing by the EDC,
it's the taxpayer who's on the hook.
Line of credit?
I don't give Spinner/Erebel much credit,
they are trying to bail out of a losing venture,
their only hope is for you suckers to
BUY BUY BUY!!!
